Prejudicial To The Interests Of The Revenue - Definition - Law Dictionary Home Dictionary Definition prejudicial-to-the-interests-of-the-revenue

Definition :

Prejudicial to the interests of the Revenue, regarded as involving a conception of acts or orders which are subversive of the administration of revenue. There must be some grievous error in the order passed by the Income Tax Officer, which might set a bad trend or pattern for similar assessments, which on a broad reckoning, the Commissioner might think to be prejudicial to the interests of Revenue Administration, Venkatakrishna Rice Co. v. C.I.T., (2000) 2 SCC 718.